Eric Parekh

We recently advised Tri-Imaging Solutions, a portfolio company of Quilvest Capital Partners, on their sale to DirectMed Imaging, a portfolio company of Frazier Healthcare Partners. DirectMed and Tri-Imaging will be combined into a single, integrated provider of aftermarket diagnostic imaging parts, systems, service, and technical training, and operate under the Tri-Imaging name. The combined organization will be led by the current Tri-Imaging leadership team, with Eric Wright as CEO, and bring together two complementary imaging platforms serving healthcare networks, independent service organizations, and equipment manufacturers. Together, the combined Tri-Imaging platform offers customers a scaled partner focused on maximizing imaging uptime, extending equipment life, and lowering total cost of ownership. We look forward to following their continued success. https://lnkd.in/ea2-6BZ8 #mergersandacquisitions

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This week's headlines were punctuated by continued interest in the RIA world, with Warburg Pincus LLC leading a $1B financing round of Cerity Partners at an $8.5B valuation, a continued focus on 401(k) and retirement assets by the industry's largest asset managers - with Blue Owl Capital and Sixth Street Growth leading a $385M Series E into Vestwell and Blackstone reportedly looking to grow the headcount in its wealth business, and a spotlight on the private credit market with Blue Owl Capital's BDCs. Other big news includes a number of oversubscribed fundraises, including Veritas Capital closing on a $15.3B private equity fund, HGGC raising a $3.2B private equity fund, and Thrive Capital doubling its fund size to $10B in its most recent fundraise. And much more in the latest Alt Goes Mainstream Weekly News Roundup ... Stay up to speed on the latest industry news across: 🏦 Wealth Management 🌲 Evergreen Funds 💸 Private Equity 💳 Private Credit 🛠️ Private Markets Infrastructure 🏠 Real Estate 🥈 Secondaries 🛠️ Infrastructure 🥩 GP Stakes 🔬 Private Markets Research https://lnkd.in/eFCQ4SRY

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Since 2018, Neri Capital Partners has completed over 1,000 comprehensive, accurate, and actionable business valuations nationwide. Neri Capital Partners’ clients have completed business valuations for the following reasons: 1. Exiting their business. 2. Estate and Trust Planning. 3. Buy / Sell Agreements. 4. To determine the market value for purchasing insurance: Business Liability and Life. 5. Pursuing Expansion Equity. 6. Marital Divorce. 7. Acquiring a Business. 8. Partnership Buy-in. 9. Resolving Shareholder Disputes. 10. Gifting Neri Capital requires the following information to complete a Business Valuation: 1. Four Years of Income Statements and Federal Tax Returns. 2. Four Years of Balance Sheets. 3. Identify all personal expenses in the income statements (worksheet provided). 3. Answer qualitative questions that can affect the market value. For each completed My Biz Worth business valuation, the client will receive: 1. A Neri Capital business valuation expert will present the finalized valuation to the clients. 2. The Business market value is presented as (i) Asset Value, (ii) Equity Value, and (iii) Business Enterprise Value. 3. Review of thirteen Key Performance Indicators (KPIs). The KPIs will be compared with the same market sectors in the U.S. as (i) average, (ii) above average, and (iii) below average. 4. Respond to the client’s questions and provide next steps recommendations. 5. Provides the client with a 30+ page, easy-to-read business valuation report. Always offer free consultations with no obligations. If desired, Neri Capital will provide guidance to prepare the client’s business for sale. #businessvaluations #businessowners #sellsideadvisory

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Marketing Rule Scrutiny Meets AI Innovation Advisers are navigating a tightrope between marketing and regulatory compliance, especially with AI-generated content in the mix. One of our recent articles breaks down what you need to know to stay compliant and credible under increased SEC scrutiny. https://hubs.li/Q03sJCy_0 #jackolg #compliance

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5 signals a buyer is serious about acquiring your company Interest is common. Commitment is rare. Before granting exclusivity, look for these signals. 1️⃣ Multiple decision makers are involved If only one person is engaged, internal alignment probably does not exist yet. 2️⃣ The buyer shares a clear investment thesis Serious buyers explain why your business fits their strategy. 3️⃣ A defined diligence plan appears early Committed buyers outline timelines and resources quickly. 4️⃣ Risk areas are discussed openly Buyers with conviction address concerns early rather than avoiding them. 5️⃣ Structure conversations begin before exclusivity When buyers discuss working capital, earn-outs, or integration early, they are thinking seriously. Interest gathers information. Conviction allocates resources. Founders who recognize the difference protect their leverage longer. And leverage is often the most valuable asset in a sale process.

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Director oversight of risk has never been more important than today as companies look to double down on best practices for assessing, mitigating, transferring or accepting. #PrivateDirectorsAssociation is at the forefront in sharing the knowledge that helps private company directors to expertly guide and companies to thrive. #PrivateDirectors #BoardGovernance #RiskOversight

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Insightful piece that highlights the overlooked role of industrial middle market companies at the heart of global value chains. Often missed by mainstream capital, these businesses drive the energy and industrial transition and are critical to delivering real-world impact and sustainable growth.

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In this week's Round Table review, we go beyond the AI headlines to decode the "Matrix Economy." While the market panics over software middlemen, Phil and the AGI Round Table discuss the power of the Physical Wall—why owning the "shovels and electricity" (hard assets, energy, and infrastructure) is the ultimate defense against digital disruption. https://lnkd.in/eyfyK2mx In this article, we cover: The SaaSpocalypse: Why we are rotating out of software landmines and into the physical builders of the AI grid. Stealth Easing: How to trade the Fed’s "Two-Tool Regime" and survive late-cycle volatility. The Jobless Boom: Identifying the "Affordability Wall" hitting consumers and which retail stocks to avoid. Be The House: A masterclass in portfolio engineering—turning short-term liabilities into long-term cash flow using the Power of Theta. Stop gambling on direction and start acting like the Casino. 🎰

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Harris Williams is currently advising Stellant Systems, a portfolio company of Arlington Capital Partners, on their pending sale to TransDigm Group. Stellant Systems is a premier designer and manufacturer of radio frequency and microwave amplification products for the defense, space, medical, and industrial markets. Strong tailwinds from continued aftermarket sustainment and high-growth programmatic production are driving momentum in the aerospace and defense electronics market. TransDigm’s acquisition of Stellant will expand their portfolio of proprietary components, creating a strong strategic partnership. We look forward to following their future success. https://lnkd.in/gNYFWEC6 #mergersandacquisitions 

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Why Top-Tier Deal Materials Command Top-Dollar Outcomes RiverPark’s recent article, Why Top-Tier Deal Materials Command Top-Dollar Outcomes, highlights a critical — and often underestimated — element of successful M&A execution. Exceptional deal materials do more than inform; they shape perception, instill confidence, and help drive premium valuations. A well-structured CIM, organized data room, and transparent financial model not only reflect professionalism but also create efficiency, reduce uncertainty, and enable competitive tension among buyers. In a market where capital is selective and diligence standards are higher than ever, the quality of a company’s materials has become a strategic advantage — not a formality. Presentation, in this context, is a core component of value realization. An excellent reminder that preparation and precision underpin every top-tier outcome. Read the article here: https://lnkd.in/eWQ3FPYv #MergersAndAcquisitions #InvestmentBanking #PrivateEquity #CorporateFinance #Valuation #DealExecution

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Thanks for having me Carmo Companies ! Looking forward to digging in on all things VC/secondaries. More detail on the panel on 2/11 below: *Venture Capital Secondaries: From Opportunistic Liquidity to Portfolio Construction Tool* As venture exits remain delayed and portfolios mature, venture capital secondaries have evolved from ad-hoc liquidity solutions into a core mechanism for portfolio management. This panel explores how LPs, GPs, and dedicated secondaries buyers are using structured VC secondaries, tender offers, and continuation vehicles to rebalance exposure, manage duration, and enhance risk-adjusted returns. Panelists discuss pricing discipline, governance considerations, and how VC secondaries are becoming institutionalized alongside traditional private equity secondaries.  

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We recently advised Elgen Manufacturing Company, INC., a portfolio company of MFG Partners and Merit Capital Partners, on their sale to Worthington Enterprises. Elgen is a market-leading designer and manufacturer of HVAC parts and components, ductwork and structural framing. With over 75% of sales tied to in-house production, Elgen’s flexible manufacturing capabilities drive continuous innovation to meet diverse customer needs. Worthington’s acquisition of Elgen enhances the product portfolio and geographic reach within Worthington's building products segment, and they will be an excellent partner to Elgen as the company enters their next phase of growth. We look forward to following their continued success in this new chapter. https://lnkd.in/eBhWZxka #mergersandacquisitions

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R&D Tax Breaks Set to Expand - Tuberville’s Bold Proposal On May 9, 2025, Senator Tommy Tuberville introduced the American Innovation and Jobs Act, aiming to revamp the R&D tax landscape for small businesses and startups. This bill proposes: 🟢 Restoring immediate full deductions for R&D expenses, reversing the 2017 Tax Cuts and Jobs Act's requirement to amortize these costs over several years. 🟢 Doubling the refundable R&D tax credit cap from $250,000 to $500,000 immediately, with plans to increase it to $750,000 over the next decade. 🟢 Expanding eligibility by raising the gross receipts threshold from $5 million to $15 million and extending the claim period from 5 to 8 years after generating at least $25,000 in revenue. As someone who has navigated the complexities of R&D tax credits, these changes could significantly ease the financial burden on innovative startups. The ability to fully deduct R&D expenses annually would provide immediate tax relief, encouraging more investment in innovation. This bipartisan effort, co-sponsored by over 30 senators, reflects a growing consensus on the importance of supporting domestic innovation. By enhancing these tax incentives, the U.S. aims to maintain its competitive edge in technology and innovation. What are your thoughts on these proposed changes? How might they impact your business or the broader innovation landscape? #TaxPolicy #Innovation #SmallBusiness #RDtaxcredit #AmericanInnovation #Startups #TaxReform

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Helpful tip: When selling your business, ensure you partner with advisors who understand both the numbers and the narrative. 🌟 At A Neumann & Associates, we believe every business sale is a story of transformation. Imagine closing your deal on a sunny South Florida beach—a handshake that symbolizes more than just a transaction, but a successful journey to new beginnings. With over three decades of expertise, our team navigates the complexities of business sales, ensuring you achieve maximum value and maintain confidentiality throughout the process. Our recent success story involves a commercial HVAC client who not only sold their business at an optimal price but also found the perfect buyer match to carry on their legacy. This is the power of strategic partnership and insightful advisory. Ready to write your success story? Connect with us today and let's explore how we can help you achieve a smooth and satisfying business transition. Have you considered what your ideal exit strategy looks like? Share your thoughts! #BusinessValuation #MergersAndAcquisitions #BusinessBrokerage #SouthFloridaBusiness #SuccessStories

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Harris Williams recently advised BradyPLUS, a portfolio company of Kelso & Company and Warburg Pincus, on their merger with Imperial Dade, a portfolio company of Advent International and Bain Capital. BradyPLUS is a leading North American distributor of janitorial and sanitation (“JanSan”), foodservice, and industrial packaging products and solutions. The combined organization expands their geographic reach and significantly enhances their ability to serve their customers via solutions-focused sales professionals, best-in-class digital tools, and a dedicated team of customer-facing experts. We look forward to following their continued success. https://lnkd.in/e6WcdYRq #mergersandacquisitions 

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What investors discussed behind closed doors at Miami Venture Week says a lot about where early-stage capital is heading. On February 25, EVO VC & Startups Community hosted a private accredited-investor gathering at Sexy Fish in Miami, bringing together venture funds, corporate investors, family offices, and angels active across the U.S., LATAM, and Africa. The room reflected the caliber and intent of the EVO network - partners from billion-dollar funds, cross-border investors, and active early-stage backers engaging directly around syndication, co-investment, and live funding opportunities. Conversations focused on what actually moves early-stage companies forward: • syndication and aligned co-investment • how trusted investor networks increase funding confidence • why community-driven deal flow outperforms cold sourcing • how portfolio visibility strengthens fundraising outcomes • where founders secure real support at pre-seed and seed Participants also spoke candidly about shifting venture dynamics - including the growing gap between capital deployment pressure and true conviction investing, and why founders increasingly seek aligned investors who engage before traction, not after it. A number of attendees introduced founders from their own portfolios to fellow investors, strengthening trust and accelerating funding momentum. «Capital may start ecosystems. People and relationships are what sustain them.» That principle defines EVO VC & Startups globally: trusted deal flow for investors, aligned capital access for founders, and long-term relationships across markets. EVO gatherings bring this into practice - connecting investors with trusted co-investment partners and early access to high-quality founders across markets. Thank you to everyone who joined and shaped the evening with meaningful conversations and connections. Special thanks to Sexy Fish and Maria Jacques for hosting the EVO community. We appreciate the presence and contributions of Lena Levine, Francisco Mariscal, Max Shelford, Dr. Peter Ulrich, Nabil Meralli, Ernest Papadoyianis, Steven M. Gottlieb, M.D. Rodrigo Lascurain, Etienne Gillard, Irina Dubovik, Atlantis Capital, LLC, Connor Boundy, Michael Nannini, Christopher Thorne, JD-MBA, Chairman Bowdre, James Lu Morrissey …🙏 and ecosystem partners. If you’re an investor seeking trusted deal flow - or a founder looking for aligned capital - we welcome you to join an upcoming EVO gathering. 📩 Message us for private invitations 🌍 32 cities · 16,000+ investors & founders.

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At Brightstar Capital Partners, we’ve always believed that when you bring together capital, deep operational expertise and strong teams, you create a foundation for building more durable businesses. We’ve also remained focused on the middle market from the beginning. These are businesses that have typically proven resilient over time compared to other sectors of the economy, led by teams that have operated through market cycles, managing challenges to remain competitive. For us, it starts with finding the right opportunity and right team, and then working alongside them through hands-on partnership that helps set the stage to unlock the next level of growth. Combined with the strengths of the middle market, we believe this creates a real opportunity to build lasting value. This recipe continues to guide how we invest and operate. It’s also what keeps me excited to do this work every day. 

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🚀 Initiation of Coverage 🚀 Forterra We’ve initiated coverage on Forterra for IPO CLUB's flagship fund, America2030, within the dual-use sector covered by board member Eva Cassman. Forterra is a Maryland-based company specializing in defense and industrial autonomy, shaping the future of ground mobility. Founded by Alberto Lacaze (formerly Robotic Research), Forterra delivers rugged, platform-agnostic autonomous driving systems that operate where GPS, terrain, and visibility fail — transforming how military and industrial fleets move across the world’s most demanding environments. 🔍 Why we like Forterra Dual-use scalability: The AutoDrive® and TerraLink platforms power both DoD programs and commercial logistics, bridging military-grade autonomy with industrial efficiency. Proven field success: Over 400,000 autonomous miles driven in Army Futures Command, RCV, SMET, and ROGUE Fires programs — validating Forterra’s unmatched reliability in contested and GPS-denied conditions. Strong OEM ecosystem: Partnerships with Oshkosh Defense, BAE Systems and Kalmar enable large-scale integration across defense and commercial vehicles. Robust investor backing: Raised $303M to date, including a $75M Series B led by Thomas & Moore Strategic Ventures, LLC, Hedosophia, Standard Investments, Enlightenment Capital, XYZ Venture Capital. The round was reportedly 2.5x oversubscribed. ⚔️ Competitive Landscape Competing with leaders like Anduril Industries, Palantir Technologies, Applied Intuition, Scale AI and portfolio company Kodiak, Forterra stands apart through proven deployments, global reach, and real-world mission performance. 🌍 With operations in 10+ countries and growing OEM adoption, Forterra is shaping the backbone of autonomous ground mobility — driving safety, scalability, and innovation for defense and industry alike. #Autonomy #DefenseTech #IndustrialAutomation #AI #DualUse #Innovation #VentureCapital #Forterra #America2030

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